IHL 0.00% 4.1¢ incannex healthcare limited

Ann: IHL Intends to Redomicile to US & List all Shares on Nasdaq, page-66

  1. 900 Posts.
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    Thought we might see some nervous nellies running for the hills but SP has held well. Apart from the change in accessing the shares and Auntie IRS tax lodgings, I think a big move and if successful results then there are far bigger gains from Nasdaq than ASX. These are costly and tedious jobs to move a stock to another exchange. The board would not be doing this likely unless they are feeling very sound in the progress of the trials. It's their money as well on the line.
    This is not a desperate move but a planned change in thinking with the results we are seeing on the ASX. It's the only way to get liquidity on the Nasdaq. Good or bad. Just another tick in the playbook.
    Bring it on I say. Just my view.
 
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Currently unlisted public company.

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